Dutch lender ING said on Tuesday it had terminated the agreement to sell its Russian business to Moscow-based Global Development JSC, announced in January 2025.
In a press release, the bank said the decision was made because it saw “no realistic expectation that the buyer will obtain the necessary approvals” for the deal.
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ING said it continued to see “no future in Russia” and expected any… [388 chars]
Source: Reuters | Published: 2026-04-07T07:05:21Z
Credit: Reuters
